Okupe Oluyemi 4
Research Summary
AI-generated summary
Hims & Hers (HIMS) CFO Okupe Oluyemi Receives RSU Shares
What Happened
- Okupe Oluyemi, Chief Financial Officer of Hims & Hers Health, had RSUs vest and convert into 71,616 shares on June 15, 2026. The issuer withheld 39,541 of those shares to cover tax withholding obligations at $30.17 per share, totaling $1,192,952. After withholding, roughly 32,075 net shares were issued to Oluyemi. Several line items in the filing show the RSU-to-share conversions and the withholding; entries with $0 reflect non-cash conversion/settlement of RSUs.
Key Details
- Transaction date: June 15, 2026; Form 4 filed June 17, 2026 (appears timely).
- RSU conversions reported: 71,616 shares (aggregate).
- Shares withheld for taxes: 39,541 shares at $30.17/share = $1,192,952 (tax withholding).
- Other line items: disposals shown at $0 (18,334; 22,988; 11,483; 18,811) represent the aggregate conversion/settlement mechanics of the RSUs (they sum to 71,616).
- Footnotes: RSUs convert 1:1 to Class A common stock; withholding performed by issuer to satisfy tax obligations; the various RSU grants are subject to 4-year service-based vesting schedules with initial vesting dates ranging from June 15, 2023 to June 15, 2026.
- Shares owned after the transaction: not specified in the provided excerpt.
Context
- This was a routine vesting/settlement of RSUs, not an open-market purchase or discretionary sale by the insider. The withholding of shares to cover taxes is a common cashless/net settlement practice and does not necessarily reflect a buy/sell decision by the insider. The filing shows conversion/exercise (derivative settlement) and tax-withholding transactions rather than an immediately executed market sale.